From Your Wallets to Their Pockets shares an easy-to-understand
insider's point of view of the complex mortgage industry while
providing a comprehensive explanation about the key players, how
they collaborate within credit markets, and why these interactions
have created both current and future painful financial crises.
Tony Pallante, CEO of Performance Capital Services, possesses
more than twenty-five years of experience as a consultant and
executive who helps financial organizations in strategic
development and execution. In his educational reference manual
tailored for the average consumer, Pallante offers a brief history
of the mortgage market, basic information about products and
descriptions, a glossary of industry terms, and in conclusion,
connects the pieces of the puzzle by sharing his insight into the
very real problems that the current colossal financial sinkhole has
created for consumers, including historically high foreclosure
rates, depreciating home values, and dwindling access to
From Your Wallets to Their Pockets explores a vast range of
topics of the utmost interest to industry participants, policy
makers, and the American taxpayer, ultimately exposing the hidden
truths within an industry that has caused financial mayhem across
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